One Senior Debt Rating Of The Royal Bank of Scotland Group Corrected To 'BBB-' - S&P Global Ratings’ Credit Research

One Senior Debt Rating Of The Royal Bank of Scotland Group Corrected To 'BBB-'

One Senior Debt Rating Of The Royal Bank of Scotland Group Corrected To 'BBB-' - S&P Global Ratings’ Credit Research
One Senior Debt Rating Of The Royal Bank of Scotland Group Corrected To 'BBB-'
Published Mar 06, 2017
3 pages (1068 words) — Published Mar 06, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

LONDON (S&P Global Ratings) March 6, 2017--S&P Global Ratings has corrected its issue-level rating on The Royal Bank Of Scotland Group's €1.5 billion senior unsecured debt (ISIN: XS1575979148) by lowering it to 'BBB-' from 'BBB+'. Due to an error, we incorrectly rated the issue at the operating company rather than holding company level. The correction does not have any impact on any of the other ratings we have on entities of the group. RELATED CRITERIA General Criteria: Group Rating Methodology, Nov. 19, 2013 Criteria - Financial Institutions - Banks: Banking Industry Country Risk Assessment Methodology And Assumptions, Nov. 09, 2011 Criteria - Financial Institutions - Banks: Banks: Rating Methodology And Assumptions, Nov. 09, 2011 Criteria - Financial Institutions - Banks:

  
Brief Excerpt:

...LONDON (S&P Global Ratings) March 6, 2017--S&P Global Ratings has corrected its issue-level rating on The Royal Bank Of Scotland Group's 1.5 billion senior unsecured debt (ISIN: XS1575979148) by lowering it to '###-' from '###+'. Due to an error, we incorrectly rated the issue at the operating company rather than holding company level. The correction does not have any impact on any of the other ratings we have on entities of the group. RELATED CRITERIA + General Criteria: Group Rating Methodology, Nov. 19, 2013 + Criteria - Financial Institutions - Banks: Banking Industry Country Risk Assessment Methodology And Assumptions, Nov. 09, 2011 + Criteria - Financial Institutions - Banks: Banks: Rating Methodology And Assumptions, Nov. 09, 2011 + Criteria - Financial Institutions - Banks: Bank Capital Methodology And Assumptions, Dec. 06, 2010...

  
Report Type:

Ratings Action

Ticker
RBS@LN
Issuer
NatWest Group PLC
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
United Kingdom
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "One Senior Debt Rating Of The Royal Bank of Scotland Group Corrected To 'BBB-'" Mar 06, 2017. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/One-Senior-Debt-Rating-Of-The-Royal-Bank-of-Scotland-Group-Corrected-To-BBB-1810521>
  
APA:
S&P Global Ratings’ Credit Research. (). One Senior Debt Rating Of The Royal Bank of Scotland Group Corrected To 'BBB-' Mar 06, 2017. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/One-Senior-Debt-Rating-Of-The-Royal-Bank-of-Scotland-Group-Corrected-To-BBB-1810521>
  
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